My concept of escrow, I'll lay out tomorrow. There's more than one sheet, and I don't want anyone to misunderstand me.
Sorry, Twitter: @smolsamu
Hello community!
As promised, today I will share with you my view on the value of the «Gold Bitcoin» coin and escrow.
Let me start with the price. As I said, it is marked by me in 0.33 bitcoin per coin "Proof" of gold 999.99, weighing 5.55 grams and 1 bitcoin par.
This price, in addition to gold and manufacturing, also includes-certificate printing, testing by the control service, customs and other fees and delivery anywhere in the world. But!.. Even with all these costs, it allows me to move one way or the other, depending on demand. And as I assume because of the large excess of coins in the first months of release, for their implementation, I will have to move down with the price, but as the project progresses and reduce the number of coins produced... I think you understand what's going to happen. And I do not set now either the upper or lower threshold of its value. In addition, I can always melt unclaimed coins, such as in the teeth, myself and the dog )))
On the subject of escrow:
- Why partially?
Here I have to look into the future, because starting this, so we call it-"long-term" project, I have no right not to look there.
Option one: Turn to the coin release schedule. August, September, October, November 2020, issue 12 GBTC, and for example they have all sold in advance, except one, when suddenly receives an offer on the condition of escrow to buy three coins. That is, it turns out that one coin from the series (August, September, October, November 2020), and the other two from the series (December, January 20-21), when only three coins will be issued. And the paradox is that I wanted to raise their value by half, because I and so, almost the entire project suffered losses, handing out coins for the cost. (Of course, I partially "insure" myself against such a situation, with lots of small-scale coins, which I wrote about in the first post, and at any time I can throw one or more of them on the market) But this is an option not to go against the principles and these promises-not to release coins from the main series more than planned. And if to speak honestly about small-scale parties, I would like of course to scatter them already this year that further they didn't confuse me.
Well, now the question-at what price, old or new I have to sell you fairly these three coins on the condition of escrow?
Option two: Again, turn to the schedule of the issue of coins for the first months, where it is planned to issue 50 coins every month from April this year and July inclusive.
For example, you deposited yourself 10 coins, 10 someone else bought, but the other 30, hovered. What to do? Teeth we have with the dog you already have )))
To stimulate buyers in this case, it is more expedient for me to throw off the price... On half...
But now the second question-what will be your actions and thoughts in this scenario?
And I gave only two examples out of a possible hundred. I don't know, maybe I'm sharing it with you for nothing... But based on these two examples, I have expressed the term "partial Deposit", when I decide in what month and how many coins I can sell on these terms, so that all parties are satisfied. At least for now, that's the only scenario I'm working on.
After all, there is also the most unpredictable and unexpected option... As said above-"cash"on the back. Believe me, my dog, themselves, gold is not produced ))) And primitive bought it in the Bank.
And here an unpleasant situation for me may be that gold will begin to rise in price, and I because of the low purchasing activity, will have to lower the price. And if I transfer the money immediately to gold, I do not care, even if tomorrow it will cost more than the price for which I sold the coin minted today yesterday.
But such an asset as escrow, to me in a situation of rising gold prices and lower prices...
But I promise to think of something! In any case, I will accept it, as I said above.
In General as the so. Maybe that is too much, and don't need said, but it was honest and free in their thoughts, and how from now on I promise to stay. Now if that is not clear, or have any questions-ask! As far as possible and availability of free time, I will answer them.
And by the way, let's discuss the current price of GBTC? Does anyone have an opinion on this? I would like to hear.
